SP

U.S. stocks opened higher on Wednesday after a better-than-expected report on U.S.

It has been a quiet morning in regards to North American markets as the economic calendar was mostly blasé thanks to no US news being released and only the

Global equity markets are still rearing strong, making the Fed continue to wonder about changing interest rates in Q3 or Q4 of this year.
Wall Street was mixed about whether or not the Fed will raise interest rates this year because of rising inflation pressure indicated by new data.

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Thursday, May 21, 2015. 

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Tuesday, May 20, 2015. 

The S&P 500 by all appearances should have performed well following the struggle and break above resistance from mid-February. That did not happen.
Economic stalled in Q1--we already knew that--but we didn't know the impact it would have on stocks this late in the game. Blame the weather.
After mediocre earnings and awaiting housing numbers, U.S. stocks opened relatively flat Wednesday morning,
Monday’s gap higher in the S&P 500 was impressive, yet failed to overrun key resistance area.